Jeonjin Construction Robot Included in Korea Value-up Index... Continues Shareholder Return Policy

Jeonjin Construction Robot, a company specializing in concrete pump trucks (CPC), announced on June 2 that it has been included in the Korea Value-up Index by the Korea Exchange.

The Korea Value-up Index is compiled by the Korea Exchange, taking into account various factors such as corporate value enhancement plans, shareholder return policies, profitability, and market evaluation. According to Jeonjin Construction Robot, the company was added to the index based on its stable profitability, ongoing shareholder return policy, and global market expansion strategy.

Jeonjin Construction Robot is pursuing a mid- to long-term dividend policy aimed at maintaining a dividend payout ratio of over 50% for the three fiscal years from 2024 to 2026. To enhance predictability for investors, the company also applies a 'dividend declaration first, record date later' approach and operates its dividend policy in consideration of the requirements for separate taxation on dividend income from high-dividend companies.

In addition to its shareholder return policy, the company is strengthening its growth strategy in response to the expansion of global infrastructure investments. Jeonjin Construction Robot anticipates that increased investments in data centers, driven by the spread of artificial intelligence (AI) and cloud services, as well as rising power infrastructure investments in North America, will drive mid- to long-term demand for construction equipment. The company also expects that, due to the recent rise in geopolitical risks in the Middle East, there will be an increase in the need for reconstruction of energy and infrastructure facilities, which will further contribute to the demand for construction equipment.

Jeonjin Construction Robot, together with a consortium including Motrex, is currently working on the development of the D-MCR (Distribution Mobile Concrete Robot), an autonomous and remote-controlled concrete distribution robot. The company plans to strengthen its competitive edge in construction site automation technology while responding to the expansion of global infrastructure investments in areas such as data centers and nuclear power plants, as well as the growing demand for reconstruction.

An official from Jeonjin Construction Robot stated, "With our inclusion in the Korea Value-up Index, we plan to further strengthen our mid- to long-term shareholder return policy and growth strategy," adding, "We will focus on continuously enhancing corporate value while responding to the global trend of expanding infrastructure investments."

This content was produced with the assistance of AI translation services.